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Capitalizing on the platform’s 683 million customers, the store sold over 100,000 items within two days of its launch.

WeWork has placed itself on a path toward recovery, announcing new leadership and business strategies, and now restoring the original name.

Forrester expects that 75% of USD 6.5 billion forecasted sales will happen in the first tranche of the sale period when mega sales events are held.

The investment indicates investors are picking up confidence in the ride-hailing sector again after a two-year winter.

The high-end smartphone makers Apple and Huawei are only separated by a mere 0.1% difference in market share.

In the first seven months of 2020, the amount of investment in the semiconductor sector surpassed USD 8.95 billion, two times last year’s amount.

The initial alliance with Sun Art dates back to 2017, after which Alibaba integrated its online grocery ordering platform Taoxianda with Sun Art’s stores, offering home-delivery services.

The majority of the sales will occur in the first few days of the festive season, when Amazon and Flipkart will be holding their respective mega sales events.